Gold continues to accept the shadow line and remains bullish at the 3400 level
Overnight gold remains strong, rising directly to around 3340
At present, the bulls are still strong. Although the overnight gold price fell briefly, the gold price is still full of stubbornness. The big bullish line directly rises and takes off, which is an obvious bullish trend, and there is basically no pullback. As long as it dips, the big bullish line takes off, and the bulls are unstoppable
At the same time, the issue between Pakistan and India has been experiencing a continuous rise in sentiment and exchange of fire recently. Local areas have once again experienced a rise in temperature, and the bullish trend towards gold is inevitable, resulting in the inability of gold prices to fall and a lack of strength to decline
The daily gold line still runs above the moving average, and at the same time, it has also taken the shadow line. The candlestick line has always stood firm on the moving average, stepping on the moving average to rise. This kind of bullish trend is obviously tenacious, and the moving average is also running upwards. All the bullish lines are big bullish lines, and the daily level bulls have not changed. The bulls continue to reach a new historical high, with the 3310 support line being bullish
Investment strategy: Over 3270 gold, stop loss 3260, target 3350
Disclaimer: Investment carries risks, caution is required when entering the market
Tips:This page came from Internet, which is not standing for FXCUE opinions of this website.
Statement:Contact us if the content violates the law or your rights